Allied Market Research
Loading...
0
Allied Market Research

PTFE Gasket Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A08832
Pages: NA
Aug 2021 | 208 Views
   
Author(s) : NA
Tables: NA
Charts: NA
  • Formats*:

  • SIngle User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • IComes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the PTFE Gasket Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

Request Now !

PTFE gasket also called polytetrafluoroethylene gasket is a mechanical seal, which fills the space between joining surfaces of pipelining systems. The key properties that distinguishes the PTFE gasket such as, high melting temperature, low co-efficient of friction, high corrosion resistance, high resilience, longer product life, and significant insulation properties. This would help increase its value as a sealing material and makes it suitable in applications of various end-use industries such as energy, chemical & petrochemical, medical & pharmaceutical, and oil & gas. PTFE gaskets help in carrying out operations smoothly by decreasing vibration and providing a noise-free environment. They have a lower friction property and are highly resistive to acid, bases, and solvents.

Market scope and structure analysis :

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Structure, Application, and Region

  Regions covered

North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa

  Companies covered

Major players analyzed include ERIKS NV, Valqua Ltd., Freudenberg Sealing Technologies, Teadit, Frenzelit GmbH, Henning Gasket & Seals, Inc., James Walker & Co., The Flexitallic Group Inc., Garlock Sealing Technologies, and Nichias Corporation.

 

COVID-19 scenario analysis : 

COVID 19 Scenario 

The COVID-19 has extremely affected the economy in the world in a negative wat, hence the PTFE gasket market also got affected abruptly and experienced a slowdown in the generation of revenue. There were strict regulations by governments of various countries, which caused reduction in demand for PTFE gaskets in the current scenario. Furthermore, industries are focusing on innovations during the lockdown situation, such that it could help gain attention of majority of the players during the forecast period.

Top impacting factors: Market Scenario Analysis, Trends , Drivers and Impact Analysis

The key factors affecting the industry include the growth in the industrial sector, which would help the industry propel in the coming years. The increase in the number of manufacturing industries in the different application areas such as oil & gas, chemicals, and medical & pharmaceuticals, would help the industry flourish in the next few years. The key companies are focusing on the research and development of the products, such that they capture greater revenue shares in the forecast period. Furthermore, there is an increase in the number of mergers and acquisition carried out by the key players, which would boost the revenue generation in the next coming years.

The global PTFE gasket market trends are as follows:

New product portfolios launched to boost the PTFE gasket market

The major companies are focusing on the up gradation according to the need in the market in the coming years. Furthermore, the major companies are bringing up the newer product lines which are the current demand posed by the major population, which would fuel the PTFE gasket market in the forecast period.

For instance, in February 2018, Garlock, a leading manufacturer of high-performance fluid sealing products, has announced the launch of GYLON EPIX. The patented next generation in PTFE gasketing features a hexagonal surface profile with superior compressibility and sealing for use in chemical processing environments. 

GYLON EPIX will be available in one universal thickness of 3/32" (2.4mm) that combines the sealing and blowout resistance of a 1/16" (1.6mm) gasket with the compressibility and conformability of a 1/8" (3.2mm) gasket. It will be available in the same three materials as traditional GYLON products; fawn (silica filled PTFE), off-white (barium sulfate filled PTFE) and blue (aluminosilicate microsphere filled PTFE).

Surge in number of mergers and acquisitions to boost the PTFE gasket market

The boom in the demand for the PTFE gasket to be utilized for the untapped business, are the main arena focused by the key players, and hence are bringing up the advancements in the coming years.  There is a boost in the number of mergers and acquisitions, which would help the industry propel in the coming years. For instance, Ausimont USA had made a pair of acquisitions that position it as the sole vertically integrated producer of micronized polytetrafluoroethylene (PTFE), according to the company. The purchases advance Ausimont's strategy of developing more specialized grades of PTFE.

The acquisitions, made in separate deals, were the Marshallton, Del., electron beam irradiation facility of Montell Corporation, and Belle Meade, N.J.-based CTSP Corporation, a processor of resins and coarse powders for customers in the high-end specialty chemicals industry. CTSP specializes in grinding, milling and micronizing chemical ingredients to precise specifications. The irradiation facility will merge into CTSP, which will operate as an autonomous subsidiary of Ausimont.

Key segments covered:

Segments

Subsegments

  Type

  • Virgin PTFE
  • Filled PTFE
  • Expanded PTFE
  • Restructured PTFE

  Structure

  • Flat
  • Envelope
  • Spiral
  • Others

  Application

  • Chemical & Petrochemical
  • Agriculture
  • Energy
  • Pharmaceutical
  • Oil & Gas
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global PTFE gasket industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global PTFE gasket market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global PTFE gasket market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global PTFE gasket market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
PURCHASE OPTIONS

Start reading ,This Report and over 13000+ thousand more Reports, Available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
PTFE Gasket Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This Report and over 13,000+ thousand more Reports, Available with Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Erythropoietin Drugs Market

Global Opportunity Analysis and Industry Forecast, 2021–2028

Published in May 2021

Download Sample

Protein Therapeutics Market

Global Opportunity Analysis and Industry Forecast, 2017-2023

Published in Nov 2017

Download Sample

Surgical Equipment Market

Global Opportunity Analysis and Industry Forecast, 2020-2027

Published in Jan 2021

Download Sample

Medical Implant Market

Global Opportunity Analysis and Industry Forecast, 2020–2027

Published in Nov 2020

Download Sample

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers